Funding you earn now, next payment 09:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.005%
Price spread now: Gate against QFEX−0.036%55s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.491% of the position
Funding, last 4 days (all we have)−0.014%−$1 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now −0.036%, 7d avg +0.029%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.064% cheaper against QFEX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.029%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BMNR-USD | 28.030 | 0.0010 | pay 0.0001% / 1h | 1m 41s | $1.2M | $985K | 10x |
| Short | Gate BMNR_USDT | 28.020 | 0 | get 0.0000% / 8h | 7h 01m | $4.1M | $8.2M | 50x |
QFEX BMNR-USD
Gate BMNR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.18
- Price spread: −0.036% → +0.029%
- −$6.45
- Slippage, 4 orders
- −$24.13
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$57.76
- Costs to cover
- 0.491%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Gate: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 4 min ago | 3.56 bp | 8.6 bp −$9 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.57 bp | 13.6 bp −$14 | 68.7 bp −$687 | doesn't fit | doesn't fit |
BMNR on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BMNRUSDT | −0.0094% | 8h | 28.045 | +0.054% | $1.9M | $1.3M | 20x | as long as short |
| Aster BMNRUSDT | 0.0000% | 8h | 27.997 | −0.117% | $48K | $101K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.021 | −0.034% | $59K | $355K | 10x | as long as short |
| Binance BMNRUSDT | 0.0000% | 8h | 28.029 | −0.003% | $21.8M | $48.1M | 25x | as long as short |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.016 | −0.050% | $3.3M | $1.8M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.040 | +0.036% | $3.6M | $3.2M | 20x | as long as short |
| Gate BMNR_USDTshort | 0.0000% | 8h | 28.020 | −0.036% | $4.1M | $8.2M | 50x | |
| Variational Omni BMNR | 0.0000% | 8h | 28.100 | +0.251% | $217K | $551K | — | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 28.024 | −0.021% | $1K | $718K | 10x | as long as short |
| HTX BMNR-USDT | 0.0000% | 8h | 28.024 | −0.021% | $6K | $40K | 20x | as long as short |
Bitget BMNRUSDT
Aster BMNRUSDT
Extended BMNR-USD
Binance BMNRUSDT
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Variational Omni BMNR
SunX BMNR-USDT
HTX BMNR-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BMNRUSDT | 0.0000% | 8h | 28.020 | −0.036% | $1.6M | $1.4M | 10x | as long as short |
| QFEX BMNR-USDlong | +0.0010% | 1h | 28.030 | long leg | $1.2M | $985K | 10x | |
| BloFin BMNR-USDT | +0.0010% | 8h | 28.030 | 0.000% | $212K | $68K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 28.041 | +0.039% | $352K | $58K | 10x | as long as short |
| Vest BMNR-USD-PERP | +0.0046% | 1h | 28.030 | 0.000% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 28.051 | +0.075% | $1.0M | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 27.980 | −0.178% | $36K | $10K | 5x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.000 | −0.107% | $682K | $726K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.000 | −0.107% | $25K | $23K | 50x | as long as short |
| GRVT BMNR_USDT_Perp | +0.0185% | 8h | 28.047 | +0.061% | $5K | $174K | 10x | as long as short |
Phemex BMNRUSDT
BloFin BMNR-USDT
Lighter BMNR
Vest BMNR-USD-PERP
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT
GRVT BMNR_USDT_Perp